Vemana Pratabkumar 4

What Happened
Vemana Pratabkumar, an executive officer of Target Corporation (TGT), had 199 shares withheld to satisfy tax withholding obligations on vested restricted stock units (RSUs). The shares were withheld at a per-share value of $116.73, totaling approximately $23,229. This was a withholding (transaction code F), not an open-market sale.

Key Details

• Transaction date: 2026-03-13; Form 4 filed: 2026-03-16 (timely filing).
• Price per share: $116.73; shares withheld/disposed: 199; total value ≈ $23,229.
• Shares owned after transaction: not specified in the summary provided.
• Footnote: Withholding satisfied tax withholding on vesting of an award of RSUs under the Target Corporation 2020 Long-Term Incentive Plan (previously reported on Form 3 filed 2025-05-30).
• Transaction code meaning: F = withholding to cover tax liability (common for vested awards), not a decision to sell on the open market.

Context
Tax-withholding disposals (also called "sell to cover") are routine when RSUs vest and do not necessarily indicate a change in the insider’s view of the company. Purchases generally carry more weight as signals; this transaction reflects tax mechanics tied to compensation.